According to a new report, published by KBV research, The Global Glucose Syrup Market size is expected to reach $5.1 billion by 2028, rising at a market growth of 4.4% CAGR during the forecast period.
The Food segment is showcasing a CAGR of 4.6% during (2022 - 2028). The baking industry's expansion and the growing preference for sweeteners in the confectionery grades are the main drivers of the segment's growth. Along with that, the expansion of bakery and confectionary market would fuel the demand and growth of the glucose syrup market over the forecast period.
The Wine segment is leading the Global Glucose Syrup Market by Application in 2021 thereby, achieving a market value of $2.2 billion by 2028. A wine's sugar content is an essential element. Grapes store sugar in the form of glucose and fructose when they ripen. In comparison to wine's fructose, natural glucose is less sweet. Dextrose syrup is therefore added to different wines to boost the sweetening effect.
The Asia Pacific market dominated the Global Glucose Syrup Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1.8 billion by 2028. The Europe market is exhibiting a CAGR of 4% during (2022 - 2028). Additionally, The North America market would showcase a CAGR of 3.8% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/glucose-syrup-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Dr. August Oetker KG, Archer Daniels Midland Company, Ingredion, Incorporated, AGRANA Beteiligungs-AG, Tate & Lyle PLC, BENEO GmbH (Südzucker AG), Cargill Corporation, Grain Processing Corporation (Kent Corporation), Royal Avebe U.A., and Roquette Freres SA.
By Grade
By Application
By Geography
Companies Profiled
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